1227 SW 17th Ave - Medical FOR SALE


Ocala, FL 34471
$12,950,000 USD
813-839-7300
1227 SW 17th Ave, Ocala, FL for Sale
$12,950,000 USD
Medical - FOR SALE
1/8
null | 6.8% Cap Rate

1227 SW 17th Ave
Ocala, FL 34471


HIGHLIGHTS

  • Medical Facility Fit with Plumbing and Electrical Operating Exclusively as a Nursing Campus
  • New 10-Year Amended and Restated Lease
  • Strong NOI Growth with 2.5% Annual Increases
  • NN+ Lease (Minimal Landlord Responsibilities)
  • Top Three Performing Location Within the Rasmussen System
  • Largest National Nursing & Health Sciences Educator with Campuses Nationwide

OVERVIEW

Franklin Street is pleased to offer to qualified investors a Medical Office property in Florida. The Property totals 41,204 SF and sits on 4.84 acres. Originally built in 1975, extensive renovations were completed in 2008 including plumbing and electrical. Most recently, the Property’s Expansion Space was completed in February of 2024, adding an additional 12,531 SF, which included a reconstruction of the primary building (28,673 SF).

FOR SALE DETAILS

PRICE

$12,950,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rasmussen University - Ocala

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

4.84 AC

LAND SF

210,830 SF

ZONING

B4

APN/PARCEL ID

23656-014-00

ASK ABOUT THIS PROPERTY

Anthony SuarezFranklin StreetMore Info
813-839-7300

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Anthony SuarezFranklin StreetMore Info
813-839-7300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.